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FHA Loans

FHA loans differ from conventional loans in a number of ways. The down payment required for a FHA-insured loan, is usually much lower than for conventional loans. FHA loans also have lower credit requirements than conventional loans, making them more available to a wider range of potential homebuyers.

FHA loans offer borrowers several other valuable benefits, not least of which is those aforementioned smaller down payments. Unlike a conventional loan, which ordinarily requires 10-20% down, FHA-insured loans only require down payments as low as 3.5-5%

The FHA is also more flexible in calculating factors to determine whether or not to approve the loan factors such as household income and repayment ratios.

Local FHA Loan directory for VA :
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
Abingdon Amelia Court House Ararat Ashland
Accomac Amherst Arcola Assawoman
Achilles Amissville Ark Atkins
Afton Ammon Arlington Atlantic
Alberta Amonate Aroda Augusta Springs
Aldie Andover Arrington Austinville
Alexandria Annandale Arvonia Axton
Altavista Appalachia Ashburn Aylett
Alton Appomattox

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Virginia News
Study: Reducing farm pollution would help bay, economy

Governments can aid the Chesapeake Bay and the economy by spending more to help farmers pollute less, a University of Virginia study says.


PSC Hears From Foes Of Verizon-Frontier Deal

The West Virginia Public Service Commission says it will consider a petition from opponents before ruling on the proposed sale of Verizon's land lines to Frontier Communications.


Rating McDonnell's early success

The new governor filed a lot of bills and got a lot of them passed -- to what end? Gov.


It's Time to Let Virginia Drill

Ed. Note: This article first appeared on Geoffrey Styles' blog, Energy Outlook .


Virginia transportation department hit hard by snow costs

The winter's storms have blown a large hole in the Virginia Department of Transportation's maintenance budget.


5 Virginians face terror counts in Pakistan

Five Virginia men arrested in Pakistan in December were charged Wednesday with six terrorism-related counts, two of which carry potential sentences of life in prison.


Mandatory insurance ban won’t save us

This week could be the last push to re-create Virginia's health care system in Barack Obama's image.


W.Va. looks at fixing road funding system

A pair of bills on Gov. Joe Manchin's desk could change the way road work is paid for in West Virginia, with new tolls and local bonds part of a mix aimed at replacing faltering gas tax revenues.


Man in fair condition after getting hit by monster truck at JPJ

The monster truck rally emcee who was run over by "Crushstation" during Friday's event at the John Paul Jones Arena was in "fair condition" Monday at the University of Virginia Medical Center.


5 Northern Virginian Men Charged With Terrorism

Five men from Alexandria were charged Wednesday with plotting terrorism in Pakistan .


McDonnell To Attend Rest Area Reopening

Gov. Bob McDonnell will be on hand in Dinwiddie as Virginia continues to reopen rest areas closed during the Kaine administration.


Virginia Vietnam vet gets belated Bronze Star

A Stafford County man has received a belated Bronze Star for his service in Vietnam .


Lawmakers approve two-year, $70 billion budget

The 2010 General Assembly adjourned yesterday, one day later than scheduled, after speedy approval by weary lawmakers of a $70 billion-plus budget-balancing plan.


McDonnell Signs Bill to Overhaul Va. Tech Agency

McDonnell signed emergency legislation Monday that requires the Virginia Information Technologies Agency to report directly to the governor.


Thousands of potholes filled in VDOT pothole blitz

Virginia Department of Transportation crews have patched, repaired or filled more than 43,000 potholes since March 1, the first day of its pothole blitz.


General Assembly Passes Budget

The new budget facing a General Assembly vote cuts $250 million from public education, erases unpaid days off for state workers and slashes fee increases the Senate sought by 60 percent.


FOIA bills have met varying fates this session

Virginia lawmakers are working to keep your personal financial information under wraps.


Emaciated budget trumps sideshow of social bills

It was a legislative session of vehement debate over divisive issues such as gay rights, gun rights and a pre-emptive repudiation of proposed federal health care mandates.


Final egg hatches in eagle nest at Norfolk Botanical Garden

The third and final egg hatched in the bald eagle nest at Norfolk Botanical Garden in the wee hours of Monday morning.


About the budget

Preserves $950 million a year to localities for reductions in city- and county-imposed car tax.


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